The budgeting approach that focuses on relating levels of particular inputs to expected levels of production is best described as
A) The participatory approach
B) The incremental approach
C) The zero-based approach
D) The input-output approach

Question

Quizplus · Accepted Answer

The input-output approach involves analyzing how inputs such as labor, materials, and equipment relate to expected levels of output or production. This approach is often used in manufacturing or production-based industries. The participatory approach involves involving various stakeholders in the budgeting process, the incremental approach involves making small adjustments to the budget based on past performance, and the zero-based approach involves starting the budgeting process from scratch each year.

The Budgeting Approach That Focuses on Relating Levels of Particular